@Jonathan SniderFannie and Freddie do have LLPA's and the lower the down payment, the higher the cost.

One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

He collects cash down payment and finances the rest.

I do not have to much cash for a down payment but was thinking of doing a HELOC on one of the rentals to get more cash and go the BRRRR method.

Tenant just moved in and is asking to delay rent payment until next month, looking for the 10 day move out form

I wanted to leverage as much as I can with the equity that I have on other properties that I have in my portfolio to use as a down payment for the investment properties. 

If you were me, just starting out, first property ever, would you use this money to find a BRRRR deal or use this money for possibly 2-3 properties for down payments? 

You payment is $2,600 plus tax and insurance.

Wanting to evict them are a tenant is late for a week or waiting months of non-payment to start the eviction process.

While they cash flow, we've realized we're over-leveraged and want to take a different approach.Our plan is to purchase our first investment property in Indiana, possibly paying cash, with the goal of generating reliable income.